One of the posts at The American Interest suggests the tactic of gun grabbers should switch from gun confiscation, which the writer says is unlikely to ever happen, to taxing ammunition. He even tries to make it more palatable by saying ammo could be tax free at shooting ranges and for police but in the free market a 10,000 percent tax – making a $.19 9mm round $19 – would curb gun usage and ultimately, gun ownership. Chris Rock raised the same argument, saying gang-bangers would shoot more carefully if each round cost $5,000.
Legally it would be much easier to raise the taxes on ammunition than ban its sale completely. A similar tactic could be used by pro-Lifers to discourage abortion.
For the sake of argument I’m going to make the following assumptions: The wealth spent on raising a child would be spent on other goods and services, making the economic activity from a social perspective the same whether a child is born or not. The expenses in retirement are covered by social taxes paid earlier in life – a big assumption on my part I know.
From Society’s point of view a child consumes resources until adulthood, at which time s/he generates income by working and paying taxes until s/he retires. For argument’s sake let’s assume the aborted child would have held a job. started earning at the age of 25 and stopped at the age of 65, a total of 40 years of productivity. S/he would then die 15 years later, assuming the current life-expectancy of around 80.
So 40 years of productivity. The average income in the United States is roughly $50,000. Multiplying the two together we get $2 million in lost earnings. Earning $50,000 means contributing about $10,000 a year in taxes, making a total tax bill during the productive years of $400,000 in lost tax revenue.
So each abortion costs the government roughly $400,000. In 2014 there were roughly a million abortions, meaning the potential lost revenue of $400 billion. Since abortion was legalized in the US over 25 years ago, this means that the US government today is missing out on the taxes that would have been paid by the “lost taxpayers” who were aborted in 1991 – about 1.4 million. Just this cohort could have contributed $14 billion in taxes this year. There were nearly 23 million abortions in the US from its legalization in 1973 until 1991. Applying our numbers to these lost taxpayers and we find that abortion has cost the state, local and federal governments in the US $230 billion in 2016.
Shouldn’t the government recoup that cost somehow? Perhaps if a woman had to pay a $40,000 tax she’d be more careful about getting pregnant just as gun grabbers claim extreme taxes on ammunition would discourage people from shooting others.
As a pro-Life, gun owning libertarian who supports legal abortion I believe such taxes whether on abortion or ammunition prohibit liberty instead of enhancing it. But the above little “thought exercise” shows how easy it is to take a tactic used to curb one freedom and use it to justify curtailing another. Gun-grabbing Pro-Choicers take note.